Team Valuations
Team Valuations – Milwaukee/Alabama edition
The bucks last season were announced as the worst team in the NBA with a record of 15-67. They out beat the 76ers by 4 games witch is still really bad. But they are still making a crazy amount of 550 million. If you think about it though that isn't a huge amount for a sports team. I believe that it is because they aren't good so ticket sales are not where they should be.
But in college sports the Alabama crimson tide was making more revenue then most pro teams. This shows that college is becoming more and more popular and in future years I believe that the NCAA can become the biggest business in the whole USA. If you think about it that is crazy the NCAA is suppose to be there for students to get a good education and play a sport in the process. But they are making it into a billion dollar company.
I think all sports teams are a great investment. Basketball is increasing in popularity which will make it more profitable. The Bucks have not been doing good in previous season, but they are playing much better this season which will increase their value.
ReplyDeleteThe growing focus on college sports will be a big money maker for all involved. I think we will see college athletes being paid in the very near future but only time will tell. I think the introduction of paid college athletes could lead to some negative implications.
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